Question
Which of the following is an example of a change in accounting principle? Multiple Choice Changing the estimated life of a vehicle from 8 years
Which of the following is an example of a change in accounting principle?
Multiple Choice
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Changing the estimated life of a vehicle from 8 years to 12 years
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Changing the inventory costing method from FIFO to Average Cost
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Consolidating a new subsidiary
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Correcting a mathematical error in the prior years income statement
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Auditing And Assurance Services An Integrated Approach
Authors: Alvin A. Arens . Randal J. Elder . Mark S. Beasley
15th Global Edition
0273790005, 978-0273790006
